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| "Gas Armageddon": Energy/electricity prices in EU/UK (and how to deal with them) |
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| tom66:
Right, but you also can't allow Russia to invade a sovereign democratic country. So the sanctions are justified there, it is just that the EU cannot survive long without Russian gas, so it creates a dilemma. You can support Ukraine and have cold homes and shut down industry, or allow Ukraine to fall to the Russians and admit that Russia has too much control over European energy to make any retaliatory action practical in the long term. I doubt Russia would allow anything but a total withdrawal of Western support from Ukraine before turning the gas taps back to full. Whilst it is almost certainly hurting Russia to only sell 20% of its gas (the country's GDP is 50% energy export and the majority customer is Europe; like EU there is strong focus to one customer - there are not enough pipelines to supply Asia, or export LNG etc.), I fear that Russia can probably outlast a reduction in gas purchases. From a purely self-interested perspective: Russia's actions in cutting off gas are justified, because why would they fuel their enemy? But, Russia's actions in Ukraine absolutely are not justifiable. |
| wraper:
--- Quote from: tom66 on August 25, 2022, 10:22:05 am ---From a purely self-interested perspective: Russia's actions in cutting off gas are justified, because why would they fuel their enemy? But, Russia's actions in Ukraine absolutely are not justifiable. --- End quote --- It's more like supplying it for free rather to an enemy. They will supply it even if they do not like us, but expecting them doing it for free is weird. A while ago Germany made a payment from a gas company owned by Gazprom which Germany seized a bit earlier. Gazprom rejected payment, no shit, Germans paid by money that was just stolen from them. |
| JohanH:
Heat pumps, heat pumps. And heat pumps. Add some solar panels if you can. On macro level we need more nuclear (in addition to wind and solar). In Finland we don't use almost any gas at all, except industry. It should be possible also in other countries. |
| wraper:
--- Quote from: JohanH on August 25, 2022, 10:48:58 am ---Heat pumps, heat pumps. And heat pumps. Add some solar panels if you can. On macro level we need more nuclear (in addition to wind and solar). In Finland we don't use almost any gas at all, except industry. It should be possible also in other countries. --- End quote --- What the point from heat pumps in current situation when they are powered by electricity? With current electricity prices it sucks anyway. As for solar panels, where I live they are almost useless in winter when you need that heat pump the most. Also unless you install water type with a lot of digging, air source type performance really sucks when there is freezing temperature outside. |
| tom66:
Heat pumps reduce dependency on gas, which is going to be necessary anyway. And around here they are still cheaper than gas, e.g. 40p/kWh electricity with COP=4 is 10p/kWh of heat roughly, meanwhile gas is 10p/kWh but once you include gas boiler efficiency (80-85% in good circumstances under high load and low delta-T) then the cost is greater. Though the difference is still too small to make a huge amount of financial sense to switch to heat pumps, given one would cost ca. £10,000 to install in a modern home. |
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